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Sale Notice for Sale of Immovable Properties

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Sale Notice for Sale of Immovable Properties Appendix – IV-A [See Proviso to rule 8 (6)] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rules, 2002. Notice is hereby given to the public in general and in particular to the Borrower(s) and Guarantor(s) that the below described immovable property mortgaged/charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank Of India, the Secured Creditor, will be sold on “ As is Where is”, “As is What is” and “Whatever there is” basis on 11.12.2019, for recovery of Rs.406,41,01,432.02 (Rupees Four Hundred and Six Crores Forty One Lacs One Thousand Four Hundred and Thirty Two and Paise Two only) due to the secured creditor from M/s. Winwind Power Energy Private Limited. (Borrower) and Mr. R.C.K. Vallal, M/s. Siva Industries and Holding Ltd, M/s. Hi-tech Housing Projects Pvt Ltd, M/s. Siva Compulink Ltd and M/s. Sterling Agri Produce Pvt Ltd (Guarantors). The reserve price for Item No 1 will be Rs.1,48,10,000/- (Rupees One Crore Fourty Eight Lacs and Ten Thousand only) and the earnest money deposit will be Rs.14,81,000/- (Rupees Fourteen Lacs Eighty One Thousand only) the latter amount to be deposited with the Bank on or before 09.12.2019 (last date for receipt of EMD). The reserve price for Item No 2 will be Rs.11,11,00,000/- (Rupees Eleven Crores Eleven Lacs only) and the earnest money deposit will be Rs.1,11,10,000/- (Rupees One Crore Eleven Lacs Ten Thousand only), the latter amount to be deposited with the Bank on or before 09.12.2019 (last date for receipt of EMD). The reserve price for Item No 3 will be Rs.1,35,00,000/- (Rupees One Crore Thirty Five Lacs only) and the earnest money deposit will be Rs.13,50,000/- (Rupees Thirteen Lacs Fifty Thousand only), the latter amount to be deposited with the Bank on or before 09.12.2019 (last date for receipt of EMD). The reserve price for Item No 4 will be Rs.51,00,000/- (Rupees Fifty One Lacs only) and the earnest money deposit will be Rs.5,10,000/- (Rupees Five Lacs Ten Thousand only), the latter amount to be deposited with the Bank on or before 09.12.2019 (last date for receipt of EMD). 1 Description of Property Item No.1 : Description of the Immovable properties belonging to Shri.R.C.K. Vallal All that piece and parcel of vacant land measuring 0.25 Acres (10890 Sq ft) comprised in S.No.9/10 in No.74 at Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram District (Balaji Nagar extension), comprised in Patta No.1121, within the Sub Registration District of Saidapet Joint 1 and Registration District of Chennai South (Covered under Doc no.8140/2013 dated 14.08.2013) Item No:2 Description of the Immovable properties belonging to Shri.R.C.K. Vallal All that piece and parcel of vacant land admeasuring 2.00 acre (0.81.0 hectare) comprised in S.No112/5 in No.74, Muthu Nagar, Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram District (Mangala Nagar), comprised in Patta No.1570, within the Sub Registration District of Saidapet Joint 1 SRO Chennai South, Saidapet and Registration District of Chennai South (Covered under Doc no.8136/2013 dated 14.08.2013) Item No:3 Description of the Immovable properties belonging to M/s Hitech Housing Project Pvt Ltd All that piece and parcel of vacant land being house site in Madhuram Nagar, 3rd Street Kolathuvanchery village, Sriperumbudur Taluk, Kancheepuram District, in S.No.10/21 (formerly comprised in S.No.10/1) and 10/22 measuring 7930 Sq.ft bearing Plot Nos 102,103 & 104 in Madhuram Nagar. Bounded on the : North by :Vacant Land, South by:Vacant Land, East by:Land belonging to Baskaran Brick Works, West by:Road and Plot No 101 belonging to Margaret Mary Selvam Measuring East to West:Northern side 84 ft. East West :Southern side 53ft. North to South: Eastern side 32ft.+72 ft, North to South:Western side 50ft + 12ft Running towards East +79 Ft. Running towards South situated within the Sub Registration District of Saidapet and Registration District of Chennai South. (Covered under Doc No 3119/2004 Dated 07.05.2004) Item No:4 Description of the Immovable properties belonging to M/s Sterling Agri Produce Pvt Ltd All that piece and parcel of vacant land situated at Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram Dist, comprised in S.No.30 Part further Sub divided as S.No 30/4 and 30/ 4A1B part as per Patta No.116, Plot Nos 25 and 26 in Maduram Nagar Extension, an extent of 4950 sq.ft. Bounded on the : North by : Land belonging to Mrs. Kullapattu and others, South by :Land belonging to Mrs. Kullapattu and Others, East by : Land belonging to Mrs. Kullapattu and others, West by : 24 Ft. wide Road. Measuring East to West : Northern Side 55 ft, East to West 2 :Southern Side 55 ft, North to South :Eastern Side 90 ft, North to South : Western Side 90 ft, A total extent 4950 sq.ft Within the Sub Registration District of Saidapet Joint I and Registration District of Chennai South.(Covered under Doc No.5099/2004 dated 04.08.2004) Date: 15.11.2019 (N Santhana Gopalan) Place: Chennai Asst General Manager & Authorised Officer State Bank of India Stressed Assets Management Branch, Chennai. 3 THE TERMS AND CONDITIONS OF SALE OF THE SECURED CREDITOR. Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” Basis 1 Name and address of the M/s. Winwind Power Energy Private Limited Borrower No.113 & 114, Sir Theyagaraya Road, Mena Kampala Arcade, 3rd Floor, A-Wing, Globus Showroom, T.Nagar, Chennai-600 017. 2 Name and address of Branch, State Bank Of India the secured Stressed Assets Management Branch creditor “Red cross Buildings”, 32, Red Cross Road, Egmore, Chennai- 600 008. E-mail ID: [email protected] 3 Description of the immovable secured assets to be sold. Item No.1 : Description of the Immovable properties belonging to Shri.R.C.K. Vallal All that piece and parcel of vacant land measuring 0.25 Acres (10890 Sq ft) comprised in S.No.9/10 in No.74 at Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram District (Balaji Nagar extension), comprised in Patta No.1121, within the Sub Registration District of Saidapet Joint 1 and Registration District of Chennai South (Covered under Doc no.8140/2013 dated 14.08.2013) Item No:2 Description of the Immovable properties belonging to Shri.R.C.K. Vallal All that piece and parcel of vacant land admeasuring 2.00 acre (0.81.0 hectare) comprised in S.No112/5 in No.74, Muthu Nagar, Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram District (Mangala Nagar), comprised in Patta No.1570, within the Sub Registration District of Saidapet Joint 1 SRO Chennai South, Saidapet and Registration District of Chennai South (Covered under Doc no.8136/2013 dated 14.08.2013) Item No:3 Description of the Immovable properties belonging to M/s Hitech Housing Project Pvt Ltd All that piece and parcel of vacant land being house site in Madhuram Nagar, 3rd Street Kolathuvanchery village, Sriperumbudur Taluk, Kancheepuram District, in S.No.10/21 (formerly comprised in S.No.10/1) and 10/22 measuring 7930 Sq.ft bearing Plot Nos 102,103 & 104 in Madhuram Nagar. Bounded on the : North by :Vacant Land, South by:Vacant Land, East by:Land belonging to Baskaran Brick Works, West by:Road and Plot No 101 belonging to Margaret Mary Selvam Measuring East to West:Northern side 84 ft. East West :Southern side 53ft. North to South: Eastern side 32ft.+72 ft, North to South:Western side 50ft + 12ft Running towards East +79 Ft. Running towards South situated within the Sub Registration District of Saidapet and Registration District of Chennai South. (Covered under Doc No 3119/2004 Dated 07.05.2004) 4 Item No:4 Description of the Immovable properties belonging to M/s Sterling Agri Produce Pvt Ltd All that piece and parcel of vacant land situated at Kolathuvanchery Village, Sriperumbudur Taluk (now Pallavaram Taluk), Kancheepuram Dist, comprised in S.No.30 Part further Sub divided as S.No 30/4 and 30/ 4A1B part as per Patta No.116, Plot Nos 25 and 26 in Maduram Nagar Extension, an extent of 4950 sq.ft. Bounded on the : North by : Land belonging to Mrs. Kullapattu and others, South by :Land belonging to Mrs. Kullapattu and Others, East by : Land belonging to Mrs. Kullapattu and others, West by : 24 Ft. wide Road. Measuring East to West : Northern Side 55 ft, East to West :Southern Side 55 ft, North to South :Eastern Side 90 ft, North to South : Western Side 90 ft, A total extent 4950 sq.ft Within the Sub Registration District of Saidapet Joint I and Registration District of Chennai South.(Covered under Doc No.5099/2004 dated 04.08.2004) 4 Details of the encumbrances Nil known to the secured creditor. 5 The secured debt for recovery of Rs.406,41,01,432.02 (Rupees Four Hundred which the property is to be sold and Six Crores Forty One Lacs One Thousand Four Hundred and Thirty Two and Paise Two only) 6 Deposit of earnest money EMD: Item No.1 - Rs.14,81,000/- (Rupees Fourteen Lacs Eighty One Thousand only) Item No.2 - Rs.1,11,10,000/- (Rupees One Crore Eleven Lacs Ten Thousand only) Item No.3 - Rs.13,50,000/- (Rupees Thirteen Lacs Fifty Thousand only) Item No.4 - Rs.5,10,000/- (Rupees Five Lacs Ten Thousand only) being the 10% of Reserve price to be remitted by RTGS / NEFT to the Bank account or Demand Draft draw in favour of SBI, Stressed Assets Management Branch, Chennai (M/s.
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